Swiss Helvetia Fund Adjusts Payment Date for Special Dividend

Swiss Helvetia Fund Updates Special Cash Distribution Date

The Swiss Helvetia Fund, Inc. made news recently by announcing a special cash distribution of $3.00 per share for its common stock. This important update is vital for shareholders who have been looking forward to this distribution. Although initially set for a specific payment date, the Fund has made an adjustment to this schedule due to necessary administrative and regulatory requirements.

New Payment Schedule

The revised payment date for the special distribution has moved to April 14, 2025. It's essential for investors to take note of this change. The record holders as of April 3, 2025, will have their payments sent on this new date. This adjustment aims to streamline the distribution process and ensure all regulations are met.

Understanding Due Bills

During the due bill period, which spans from April 3 to April 14, 2025, the Fund’s shares will trade with a due bill attached. This due bill represents the amount of the cash distribution. It’s crucial for traders and potential investors to recognize the implications of transactions made within this timeframe.

Ex-Dividend Date and Record Date

For those engaged in trading during the due bill period, the ex-dividend date is set for April 15, 2025. This date is significant as it marks the first business day following the revised payment date. Shareholders must ensure they are aware of their status before this date so they can receive the distribution. The record date remains unchanged at April 3, 2025, maintaining clarity amidst the adjustments.

Communication for Shareholders

The Fund has made its communication clear through its representative, Thomas Antonucci. Shareholders seeking more information or clarification on these changes can reach out via phone. Ensuring that all stakeholders are informed about these developments is critical for maintaining transparency and confidence in the Fund’s operations.

Importance of the Distribution

This distribution is essential for many investors, providing a direct return on their investment. By issuing such dividends, the Fund demonstrates its commitment to rewarding shareholders and maintaining a robust relationship with them. It’s a time for shareholders to reflect on the positive aspects of their investment and the Fund's performance.

Market Reactions

Adjustments like this typically stir discussions in the market. Investors, analysts, and market watchers are likely to scrutinize how this payment revision might affect trading patterns and pricing of the Fund’s shares. Such changes can lead to shifts in investor sentiment, influencing future trading strategies.

Conclusion

In summary, The Swiss Helvetia Fund, Inc. is adapting to necessary regulatory demands by revising its cash distribution schedule to April 14, 2025. Stakeholders should keep an eye out for further updates regarding the Fund's strategies and economic impacts affecting shareholders. Understanding the implications of the revised dates, especially in light of due bills and ex-dividend considerations, is crucial for making informed investment decisions.

Frequently Asked Questions

What is the new payment date for the special distribution?

The new payment date has been revised to April 14, 2025.

How much will shareholders receive from the special distribution?

Shareholders will receive a special cash distribution of $3.00 per share.

Is the record date for shareholders affected?

No, the record date remains unchanged at April 3, 2025.

What is a due bill in this context?

A due bill represents the amount of a cash distribution attached to shares traded during the due bill period, which lasts from April 3 to April 14, 2025.

Where can shareholders seek more information?

Shareholders can contact Thomas Antonucci at 201-881-7102 for further information regarding the distribution.

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